From subprime loans to subprime growth? : evidence for the Euro area /

The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro area, finding that (i) bank loan supply responds negatively to declines in bank soundness; (ii) a cutba...

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Bibliographic Details
Main Authors: Čihák, Martin (Author), Koeva, Petya (Author)
Corporate Author: International Monetary Fund. European Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2009.
Series:IMF working paper ; WP/09/69.
Subjects:
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